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A CPA s report on prospective Financial Statements is required to include a sentence stating that the CPA has no responsibility to update the report
A CPAs report on prospective Financial Statements is required to include a sentence stating that the CPA has no responsibility to update the report after the report date for which engagements
Question Answer
a
Examination of a Forecast
Compilation of a Projection
Compilation of a Forecast
Yes
Yes
Yes
b
Examination of a Forecast
Compilation of a Projection
Compilation of a Forecast
Yes
No
Yes
c
Examination of a Forecast
Compilation of a Projection
Compilation of a Forecast
Yes
Yes
No
d
Examination of a Forecast
Compilation of a Projection
Compilation of a Forecast
No
Yes
Yes
e
Examination of a Forecast
Compilation of a Projection
Compilation of a Forecast
No
No
Yes
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